Home Fed’s Bostic: Would favour 4th rate hike this year

Fed’s Bostic: Would favour 4th rate hike this year

Published date: 23 Oct. 2018 | 20:38

Additional comments from Atlanta Fed President Raphael Bostic continue to cross the wires with key quotes, via Reuters, found below.

Would favour 4th rate hike this year.
Equity sell-off will prompt him to start asking businesses if they are seeing weakness in real economy develop.
Strong expected Q3 GDP made him more comfortable with a 4th rate increase this year.
Still trying to understand how quickly strong recent growth might dissipate.

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